Is Elofic Industries safe for trading?

Elofic Industries Limited FAQs No Comments

Yes, Elofic Industries is safe for trading as the company is growing rapidly in terms of Sales and Net-profit. The company reported a 26% growth in its revenue to 331.7 crores in F22 from 262.47 crores in F21. The company reported a massive increase in its net profit by 58.58% to 39.52 crores in F22 from 24.92 crores in F21. The figures are evidence that currently, the company is doing well. Hence, trading in Elofic Industries is completely safe.

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